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US Election Wrap: Democrats win House, voters answer oil policy questions

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US Election Wrap: Democrats win House, voters answer oil policy questions

Democrats took control of the House of Representatives in Tuesday's mid-term election, but Republicans retained control of the Senate as voters decided on new gasoline tax hikes and limits on drilling, both on and offshore.

Republicans won Senate races in Texas and North Dakota, the number one and two oil-producing states, while a Democrat expected to favor stricter drilling regulations won the governor's race in New Mexico, the number three oil-producing state.

Voters in California and Missouri rejected gasoline tax increases Tuesday, while Colorado voters rebuffed new limits on oil and gas drilling and Washington voters denied a carbon tax.